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Global Economy
by tj on February 18, 2004
AP has made the outsourcing plans of Siemens public.
"The German firm Siemens will move most of the 15,000 software programming jobs from its offices in the United States and Western Europe to India, China and Eastern Europe, a company official said Monday.
"Siemens has recognized that a huge amount of software development activity needs to be moved from high-cost countries to low-cost countries," said Anil R. Laud, managing director of Siemens Information Systems, the group's information technology subsidiary in India."
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